Short Term Capital Losses

Hello,

I seem to recall that short term capital losses on mutual funds sold can be use to offset shot term gains, and if there are any remaining short term losses, that they can be use to offset Long Term gains also.

Is that still the case?

Thanks for any comments.

V
Reply to
VinnyB
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Yes.

Ira Smilovitz

Reply to
ira smilovitz

Yes --and, if all are not "used", some portion of the lossese can be be carried forward to the following year

Reply to
Pfsszxt

On Sat, 22 Aug 2015 12:20:02 EDT, Pfsszxt wrote in

Thanks to all for the comments.

Reply to
VinnyB

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